Blum Holdings Inc (BLMH)

[IndustryParticipant]

New Jersey facts, since all others stated as such are not....

Recent process was ATC (vertically integrated medical), 6 licenses.

2 more ATC RFA's were initially expected (12 more), but Adult use vote expected as early as Monday the 25th, 1 week from today, which may very well carry open licensing process and any and all remotely competent will most likely achieve that which they desire.

I haven't seen anything final lately as quite busy with other states and overseas operations, but last I had heard adult use was going to be either open licensing or somewhere along the lines of 400 additional licenses. Don't know off the top of my head what is in the final bill.

No operator, nationwide, is worried about not having a successful entry into NJ adult use.